Question: Question 1 1 A 5 - year $ 1 , 0 0 0 par value bond has a coupon rate of convertible semiannually. It is

Question 11
A 5-year $1,000 par value bond has a coupon rate of convertible semiannually. It is callable at
par anytime after year 3 and till the end of year 5. An investor wishes to buy the bond to yield
convertible semiannually.
Determine the purchase price of the bond.
****(alpha =0.1 ; beta =0.048)***
Question 11 A 5-year $1,000 par value bond has a coupon

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